Replies to post #67458 on Viva Entertainment Group Inc (OTTV)

[La Dolce Vita]

It is important to note that an 8-K was never filed with the SEC, and so one must call into question the validity of this press release.

3 Million of financial commitment qualifies as a material event, does it not?

https://www.sec.gov/fast-answers/answersform8khtm.html

Also note the "debt instruments" from the mentioned almost year old press release:

received $3mm of financing commitments which include a combination of debt instruments and warrant coverage to be issued.

What type of debt instruments are we talking about, as debt instruments in the OTC are synonymous with toxic financing for all purposes?

$OTTV

[JMMatthews]

Keeps getting better! Just talked to an investor friend and told him about OTTV

$3 MILLION OF FINANCIAL COMMITMENT FROM THE BREWER GROUP AND GREENTREE COMBINE WITH OI2 MEDIA WILL PAID FOR THE MEDIA BLITZ.
VIVA Entertainment Group Receives Financing Commitments to Fully Develop and Distribute its OTT System
SOURCE VIVA Entertainment Group, Inc
http://www.prnewswire.com/news-releases/viva-entertainment-group-receives-financing-commitments-to-fully-develop-and-distribute-its-ott-system-599819821.html

This is a very important missing piece of the puzzle. Only now is come to light because as part of the Agreement, Viva will make capital contributions in the following manner: Viva backend technology and OTT platform, Channel lineup and content initially consisting of Linear channels and VOD, customized Android and Apple IOS apps for OTT, billing and provisioning API and more.

This was an original plan signed last year between the two company. As to date VIVA finally manages to fulfill the initial term of the agreement.

The capital contributions from Oi2 TV will include: Sales to new and existing Oi2 listeners, data center and warehousing, marketing and promotions (Radio, TV, Social Media, Billboards), content live TV and VOD, and more. As part of the venture, VIVA will provide to Oi2 TV with a string of live TV channels for a subscription based service that will be marketed via the Oi2 Media App.

THE INCREASING THE A/S ALLOW Oi2 MEDIA OWNING 51% AND VISA OWNING 49%. THIS IS AN AMAZING DEAL. THIS ALLOW OTTV INSTANTLY TAP INTO A MONTHLY REACHING 4.5 BILLION PEOPLE. THIS IS BEYOND MY IMAGINATION...